News for 'estimated'

Major Drug Bust: Jharkhand Police Recover Narcotics Worth 2.55 Crore

Major Drug Bust: Jharkhand Police Recover Narcotics Worth 2.55 Crore

Rediff.com3 days ago

Jharkhand police seized narcotics worth Rs 2.55 crore from Palamu and Chatra districts, arresting two individuals and conducting raids to apprehend further suspects.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 hours ago

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

TVK chief Vijay updates poll affidavit, declares pending FIRs

TVK chief Vijay updates poll affidavit, declares pending FIRs

Rediff.com5 Apr 2026

TVK chief Vijay, a candidate in the Tamil Nadu Assembly elections, has filed a revised election affidavit disclosing two pending FIRs, addressing discrepancies in his initial filing.

Foreign Universities Offer Rs 1,000 Cr Scholarships

Foreign Universities Offer Rs 1,000 Cr Scholarships

Rediff.com20 hours ago

The scholarships are expected to support both merit- and need-based categories, including students from non-metro regions and those enrolling in high-demand disciplines such as AI and other STEM fields.

Iranian crude arrives in Indian ports after 7 years

Iranian crude arrives in Indian ports after 7 years

Rediff.com1 days ago

Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.

Meerut Police Bust GST Fraud Ring, One Arrested

Meerut Police Bust GST Fraud Ring, One Arrested

Rediff.com2 Apr 2026

Meerut police have uncovered a Goods and Services Tax (GST) fraud involving crores of rupees, leading to the arrest of one individual. The investigation revealed a network of fake firms used to illegally claim input tax credits, causing significant losses to the government.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com31 Mar 2026

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

Lalit Modi urges KKR to bring back Gautam Gambhir

Lalit Modi urges KKR to bring back Gautam Gambhir

Rediff.com4 days ago

Former IPL chairman Lalit Modi suggests Kolkata Knight Riders (KKR) should offer Gautam Gambhir a long-term role with equity, similar to Shane Warne's deal with Rajasthan Royals.

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

Rediff.com7 Jan 2026

The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.

World Bank: Remove AI Barriers to Boost Business and Jobs

World Bank: Remove AI Barriers to Boost Business and Jobs

Rediff.com5 days ago

World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.

Raphinha out of Barcelona's Champions League quarter-final with hamstring injury

Raphinha out of Barcelona's Champions League quarter-final with hamstring injury

Rediff.com28 Mar 2026

Barcelona's Raphinha will miss the Champions League quarter-final against Atletico Madrid due to a hamstring injury sustained while playing for Brazil. The estimated recovery time is five weeks.

Order pipeline strong for listed shipbuilding majors

Order pipeline strong for listed shipbuilding majors

Rediff.com5 days ago

Indian shipyards Mazagon Dock Shipbuilders Limited (MDL), Garden Reach Shipbuilders & Engineers Limited (GRSEL), and Cochin Shipyard Limited (CSL) are set for substantial growth, driven by a significant pipeline of Indian Navy orders and diversification into commercial and export markets. The Navy's share in defence spending is approximately 21 per cent, ensuring robust order visibility for these domestic players.

Illegal Mephedrone Factory Discovered in Ratlam Poultry Farm, Four Arrested

Illegal Mephedrone Factory Discovered in Ratlam Poultry Farm, Four Arrested

Rediff.com31 Mar 2026

Police in Ratlam, Madhya Pradesh, have uncovered a mephedrone factory operating under the guise of a poultry farm, arresting four individuals and seizing a significant quantity of the drug.

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Rediff.com3 Apr 2026

Two passengers were arrested at Ahmedabad airport for allegedly possessing hydroponic weed worth Rs 2 crore, after arriving from Bangkok. The drugs were discovered following a tip-off.

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com3 days ago

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Arunachal Pradesh Police Seize Heroin, Arrest Two in Nirjuli

Arunachal Pradesh Police Seize Heroin, Arrest Two in Nirjuli

Rediff.com3 Apr 2026

Arunachal Pradesh Police arrested two individuals in Nirjuli and seized heroin worth Rs 3.3 lakh from their possession.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 days ago

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com4 days ago

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

Fake Life-Saving Drugs Racket Busted in Delhi

Fake Life-Saving Drugs Racket Busted in Delhi

Rediff.com5 Apr 2026

Delhi Police have dismantled an organised interstate racket involved in manufacturing and distributing counterfeit life-saving medicines, arresting six individuals and seizing fake drugs worth approximately Rs 2 crore. The investigation also revealed a network of fake GST firms used for generating bogus invoices and laundering money.

Migration debate takes centre stage in Kerala polls

Migration debate takes centre stage in Kerala polls

Rediff.com6 Apr 2026

Migration from Kerala has become a significant issue in the upcoming Assembly elections, with political parties promising to create more opportunities within the state to discourage emigration for studies and jobs. Experts suggest focusing on 'brain gain' strategies to attract talent back to Kerala after gaining experience abroad.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com5 days ago

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

Will India See Poor Monsoon This Year?

Will India See Poor Monsoon This Year?

Rediff.com6 days ago

A poor monsoon could drag overall economic growth and compound the impact of the West Asia conflict on the Indian economy.

Payment issue? Govt reacts after Iranian oil tanker diverts from India to China

Payment issue? Govt reacts after Iranian oil tanker diverts from India to China

Rediff.com4 Apr 2026

India has refuted claims of payment issues hindering crude oil imports from Iran, clarifying that refiners have the flexibility to source oil from various global suppliers. The Ministry of Petroleum and Natural Gas addressed reports of a tanker rerouting to China, emphasising standard industry practices and secured oil requirements.

In Bengal, 90 lakh voter deletions may decide 70 crucial seats

In Bengal, 90 lakh voter deletions may decide 70 crucial seats

Rediff.com1 days ago

West Bengal's upcoming 2026 election may hinge on the impact of recent electoral roll revisions, particularly in 65-70 closely contested constituencies where victory margins are slim. The deletion of over 90 lakh names, especially in key areas like Nandigram, Bhabanipur, and the Matua belt, has redrawn the electoral map, potentially influencing the outcome for both the TMC and BJP.

Delhi Police Nab Nigerian Woman with 1.25 Crore Cocaine Haul

Delhi Police Nab Nigerian Woman with 1.25 Crore Cocaine Haul

Rediff.com1 Apr 2026

Delhi Police arrested a 42-year-old Nigerian national in Rohini and seized over 100 grams of cocaine worth approximately 1.25 crore.

India, US review defence ties, key deals at policy meet

India, US review defence ties, key deals at policy meet

Rediff.com26 Mar 2026

Key discussions focused on major defence procurements, including India's plan to acquire six additional P-8I aircraft for anti-submarine warfare. The deal, estimated at around Rs 30,000 crore, is under advanced negotiations.

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rediff.com31 Mar 2026

Authorities seized 25.45 kg of hydroponic weed, valued at Rs 8.9 crore, from two passengers arriving at Hyderabad's international airport from Bangkok. The passengers were arrested under the NDPS Act.

Assam Delimitation Tilts Electoral Balance

Assam Delimitation Tilts Electoral Balance

Rediff.com5 days ago

While the total number of assembly seats remains unchanged at 126, the redrawing of boundaries has reshaped voter composition across constituencies -- a shift that is likely to influence electoral outcomes in the years ahead.

Bengaluru Police Bust Drug Racket, Arrest Eight Including Foreign National

Bengaluru Police Bust Drug Racket, Arrest Eight Including Foreign National

Rediff.com7 days ago

Bengaluru police have arrested eight individuals, including a foreign national, for allegedly selling drugs in the city. The operation resulted in the seizure of drugs, vehicles, and other items worth Rs 27.42 crores.

Interstate Drug Network Dismantled in Delhi, Four Arrested

Interstate Drug Network Dismantled in Delhi, Four Arrested

Rediff.com29 Mar 2026

Delhi Police dismantled an organised inter-state drug network, arresting four people and apprehending a juvenile, while seizing psychotropic substances worth over Rs 4.5 crore.

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Rediff.com31 Mar 2026

Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

Mumbai Police Seize 37 kg of Ganja, Arrest Three

Mumbai Police Seize 37 kg of Ganja, Arrest Three

Rediff.com31 Mar 2026

Mumbai police arrested three individuals for allegedly possessing 37 kg of ganja in the western suburbs. The suspects were intercepted on Marve Road while attempting to sell the contraband, which is valued at Rs 18.5 lakh. The arrested individuals are natives of Uttar Pradesh and residing in Bhiwandi. An investigation is underway to determine the source of the drugs and the intended customers.

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Rediff.com6 days ago

The Delhi High Court has dismissed a petition by Christian Michel James, an alleged middleman in the AgustaWestland VVIP chopper scam, seeking his release from jail. The court found no merit in his challenge to the India-UAE extradition treaty and a trial court order.

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

Rediff.com27 Mar 2026

State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 days ago

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

Delhi HC Denies Christian Michel's Bail in AgustaWestland Case

Delhi HC Denies Christian Michel's Bail in AgustaWestland Case

Rediff.com6 days ago

The Delhi High Court has dismissed Christian Michel James's petition for release in the AgustaWestland VVIP chopper scam case, upholding his continued detention.